So sorry to read of the difficult year you have had to deal with, a TD is hard enough without these events in your life.
Stay positive easy to say hard to do, 2015 will be the beginning of financial freedom.

Good luck

Oh dear SkintAlly... what a horrible year you've had.

I think if you've returned the forms when you've been asked to, and have let them know if your circumstances have improved at any particular point in time, it would seem a little unfair to extend your arrangement later.

Hi SkintAlly,

Trying to deal with a Trust Deed can be hard at the best of times but to stick to this and maintain all of your agreed payments throughout what must have been an extremely difficult time in 2014 must have been even more difficult. As Twizzle has said already try to remain positive and look forward to a debt free start to 2015!

Normally an I&E form sent every 6 months would pick any changes up to a client's circumstances but if you have only had 1 in the last 40 months your Trustee may have some questions or they may not.

We sent out I&E forms to clients every 6 months and In terms of our I&E reviews and following feedback on the forum we decided to respond to every completed I&E that was returned to us to confirm to the client that their payment would remain the same. This avoids any worries that a client has about changes and when they come to the end there isn't normally a problem.

In my experience there would only be an issue if something was discovered that would have been ingathered into the Trust Deed during the term. This could be a large PPI payment which you kept or if you received large bonuses which you didn't notify your Trustee of or you had a significant increase in salary and therefore could afford a bigger payment per month.

As part of the Trust Deed you have an obligation to notify the Trustee of any change in your circumstances. If your confident that nothing really changed in terms of your financial situation i.e. you haven't significantly increased your payments per month, no PPI payments which you kept or large bonuses then you should be fine.

It's only really your own Trustee than can confirm things for you. Give them a call, ask them when your final payment is and what the process is for receiving your discharge.

Let us know how you get on.

Thanks for the comments and support guys. I want to give my trustee a call but I'm really worried that they give me more bad news that I really couldn't deal with just now. I haven't received any PPI payments and have had no bonuses since my last review. My biggest concern is that I may be getting a bonus in January. If I make my last payment on the 2nd and then receive a bonus on the 31st. Is there a still an obligation/interest in this for the trustee? I didn't want to go into too much detail on here but to cut a long story short, I borrowed some money from my employer so that myself and my now wife could get married whilst my dad was still with us. I've always been honest in respect to bonuses but I'm kind of relying on this one to pay back my employer. In fact I don't think I'll have the choice :/

The more I think about this, the more I worry. I received a 2.5% wage rise in April which I though I would simply declare at my next review. I didn't think this would make a difference on the basis that 1. its only 2.5% and 2. The guy that met with me to setup the TD advised me that I was only obliged to immediately inform them of significant changes.

Hi SkintAlly.

A 2.5% pay increase isn't likely to cause an issue. That's not much different to the rate of inflation, so presumably you could evidence that your costs have gone up just as much as your income?

Cost-of-living type pay increases don't usually result in increased payments.

I'm not sure that your trustee will take an interest in your income received after your obligations have been completed.

However, you're probably not going to have any reassurance or certainty that your obligations have been completed by your payment on 2nd January unless and until you engage with your trustee about it.

Just spoke to my case manager and he advised that if nothing has changed much then there shouldn't be a problem. I also just realised though that my last payment is actually in Feb and not Jan like I first thought. I'd imagine this will cause me a problem now.

Hi SkintAlly,

I think your Trustee could look for the bonus to be paid into your Trust Deed.

You may be able to come to an arrangement with them whereby you pay in a % and keep a %. Only your Trustee will be able to tell you what they will allow you to keep. Be prepared though that your Trustee could look for all of the bonus to be paid in.

We will normally allow a % split so the client retains a good proportion of the bonus and the creditors benefit from a little extra.

Give your relationship manager a call, be honest with them about your situation, why you need the bonus money and see what they say.

Let us know how you get on.

Thanks David, I'll give them a call and explain the situation.

A family member had offered to pay the balance of the last payments for me as an xmas present. If this was to happen in December, would there be any remaining interest in what happens in the new year??

Possibly not SkintAlly. Certainly not if you have been discharged.

Maybe that's a different chat you could have with your trustee?

I imagine that given there is only a couple of months left, your Trustee is likely to stick to the same end date regardless rather than going to the trouble of writing to creditors to get their agreement to end it early at this late stage.

I hope 2015 brings you good fortune Skintally

No harm in asking I suppose. I can remember from day one that honesty is the best policy when dealing with these kind of things. On the basis that a bonus isn't yet guaranteed, perhaps I shouldn't be worrying just yet.

Out of curiosity however, is there a day listed on the trust deed paper work? I know I've seen January 2015 mentioned somewhere before. (can't check this just now as I'm away from home) I can remember there being a delay in making the first payment as I had to change bank accounts etc and it may be this that has offset my payments from the initial plan. If this was the case, would my obligations end on the date documented, or would it still be my last payment date?

Apologies for all the questions, my brain has gone in to over drive on this one.

Hi SkintAlly,

Honesty is always the best policy.

There isn't normally a completion date listed as the Trust Deed runs for a set amount of payments I.e. 36 months. Upon completion of the agreed payments that's when you should receive your discharge.